FAB Universal Corporation (FU) was a big mover last session, as the company saw its shares surge by 11.5% on the day. The move came on solid volume too, as far more shares changed hands than in a normal session. This continues the recent uptrend for the company, as the stock has surged by more than 15% in the past one-month time frame.
The company has seen a lone negative revision in the past two months. Besides, its earnings consensus has moved lower over the last month, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent rally can last.
FU currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Some other Internet Software stocks worth considering include eGain Corporation (EGAN), TeleCommunication Systems Inc. (TSYS) and AVG Technologies N.V. (AVG). While the first two stocks hold a Zacks Rank #1 (Strong Buy), the third carries a Zacks Rank #2 (Buy).
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